Bloomup, a Marseille, France-based cosmetics company, raised €3.5m in funding.
ACG Management made the investment.
The company will use the funds to expand operations.
Co-founded in 2010 by Sophie Blin and Carol Ann Lovera, Bloomup has developed cosmetic products including “Energie Fruit”, a shower gel with innovative flavors like blackberry, wild mint, jojoba, vanilla lily, caramel, guarana or ginseng, “Mon Petit Paradis”, “Dermtec Color” for the French markets, as well as “Physicians Formula”, a makeup brand for USA, and “Baby Foot”, a product for feet for Japan.
The products are available in all major retail supermarkets and drugstores and on the Web via BloomupShop.
The company, which plans to reach a turnover of €5m in 2016, is also backed by Amundi, Paca Investment and Sofipaca.
FinSMEs
19/03/2016